Munro Partners Invests $96.29 Million in GE Aerospace $GE

Munro Partners acquired a new position in shares of GE Aerospace (NYSE:GE) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 312,610 shares of the company’s stock, valued at approximately $96,293,000. GE Aerospace accounts for about 2.5% of Munro Partners’ portfolio, making the stock its 15th largest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Codex Capital Asset Management L.L.C. lifted its holdings in shares of GE Aerospace by 1.0% during the 4th quarter. Codex Capital Asset Management L.L.C. now owns 54,325 shares of the company’s stock worth $16,734,000 after acquiring an additional 550 shares during the period. L2 Asset Management LLC lifted its holdings in shares of GE Aerospace by 6.3% during the 4th quarter. L2 Asset Management LLC now owns 5,118 shares of the company’s stock worth $1,576,000 after acquiring an additional 304 shares during the period. 71 West Capital Partners bought a new position in shares of GE Aerospace during the 4th quarter worth about $1,045,000. Alberta Investment Management Corp lifted its holdings in shares of GE Aerospace by 0.9% during the 4th quarter. Alberta Investment Management Corp now owns 32,000 shares of the company’s stock worth $9,857,000 after acquiring an additional 300 shares during the period. Finally, University of Texas Texas AM Investment Management Co. lifted its holdings in shares of GE Aerospace by 2,483.5% during the 4th quarter. University of Texas Texas AM Investment Management Co. now owns 7,983 shares of the company’s stock worth $2,459,000 after acquiring an additional 7,674 shares during the period. 74.77% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on GE shares. Zacks Research downgraded shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Sanford C. Bernstein raised their price objective on shares of GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a report on Tuesday, March 3rd. BNP Paribas Exane cut their price target on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a report on Thursday, May 14th. Wall Street Zen downgraded shares of GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, Citigroup cut their price target on shares of GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

GE Aerospace Trading Up 2.1%

Shares of GE stock opened at $342.40 on Tuesday. GE Aerospace has a 12-month low of $232.24 and a 12-month high of $348.90. The company has a market capitalization of $357.24 billion, a P/E ratio of 42.17, a P/E/G ratio of 2.97 and a beta of 1.37. The firm has a 50-day moving average price of $304.50 and a 200 day moving average price of $307.80. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99.

GE Aerospace (NYSE:GE) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The firm had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same period last year, the firm posted $1.49 EPS. The firm’s quarterly revenue was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Research analysts forecast that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

GE Aerospace Profile

GE Aerospace (NYSE: GE) is the aerospace business of General Electric, focused on the design, manufacture and support of aircraft engines, integrated propulsion systems and related aftermarket services. The company serves commercial airlines, airframers, business and general aviation operators, and defense customers, providing propulsion solutions for a broad range of aircraft types from single‑aisle airliners to widebody and military platforms.

Its product portfolio includes a family of commercial and military jet engines as well as spare parts, components and systems engineering.